In a major move to advance cleaner energy alternatives, India’s Ministry of Coal has signed the Coal Gasification Plant Development and Production Agreement (CGPDPA) with selected applicants under Category II of the Coal Gasification Financial Incentive Scheme. This category encompasses both private companies and public sector undertakings.

The agreement signing took place in the presence of Shri Sanoj Kumar Jha, Additional Secretary at the Ministry of Coal, alongside Shri Asheesh Kumar, Officer on Special Duty (Technical), and Shri BK Thakur, Director (Technical).

The selected applicants under Category II include:

1. Jindal Steel and Power Limited

2. New Era Cleantech Solution Private Limited

3. Greta Energy and Metal Private Limited

Launched on 24 January 2024, the financial incentive scheme carries a total outlay of Rs 85 billion. It targets the achievement of 100 million tonnes of coal gasification by 2030, aiming to utilise India’s vast domestic coal reserves to drive sustainable industrial growth. The scheme encourages broad participation from public and private sectors to establish coal gasification plants nationwide.

This initiative forms a core part of India’s clean coal transition roadmap. It is expected to mitigate environmental impact, bolster energy security, and promote economic development through technology-led infrastructure projects.

Image Source: thehansindia